Lawmakers Push to Extend Tax Filing Deadline

On February 18, 2021, the Committee on Ways and Means wrote a letter to IRS Commissioner Charles P. Rettig to petition the extension of the tax return filing season beyond April 15, 2021.  The Service was asked to consider the request and make an announcement as soon as possible. Different

Read More

179D Tax Benefit for Energy-Efficient Buildings

Owners of energy-efficient commercial buildings have the opportunity for potentially significant income tax breaks, based on the extension of section 179D of the Tax Cuts and Jobs Act (TJCA). The Energy-Efficient Commercial Buildings deduction 179D was part of TJCA in 2017, and was set to expire – but in December

Read More